Royal Bank of Canada Sees Stock Rise on $1.5 Billion Subordinated Debenture Offering

Royal Bank of Canada (TSX: RY) saw its stock price rise on September 24, 2026, ahead of the market open. The bank's C$1.5 billion subordinated debenture offering was a key catalyst for this increase.

The stock closed at C$282.45 on the Toronto Stock Exchange, up slightly from the prior close. Meanwhile, the S&P/TSX Composite ended the session at 35,706.46 points, down 44.97 points. This placed Royal Bank of Canada's performance against a weaker Canadian benchmark.

The subordinated debenture issuance was finalized through the bank's Canadian Medium Term Note Program. This offering is a significant capital-related development for the company.